Energy transition and climate adaptation represent two critical facets of our journey towards a greener future. At the heart of the global sustainability agenda lies the need for an energy transition – a fundamental shift from fossil fuel-based systems to renewable sources.
Renewable energy
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The Economics of Renewable Energy for Businesses
by Lisa MatataEconomic ResponsibilityEnergy & TransitionOpinionRenewable energy by Lisa Matata 142 views 5 minutes readLike any other phenomenon, the economics of renewable energy is guided by fundamental market principles; The timeless forces of demand and supply, the ever-evolving preferences of consumers, the critical factor of cost competitiveness, the magnetic pull of investor interest and of course the overarching influence of governance and policies.
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The story of how Egypt built one of the world’s largest solar parks
AfricaEnergy & ExtractivesEnergy & TransitionNews & AnalysisNorth AfricaRegionsRenewable energy by External Source 193 views 1 minutes readHosam Hussein is one of the 10,000 Egyptian workers that helped build the fourth largest solar park in the world. According to the IFC, before sunrise, workers from several communities in…
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Sub-Saharan Africa’s largest wind farm in northern Kenya saved the country €126 million (sh15.7 billion) in reduced fuel imports in the first year of operation as the plant displaced expensive…
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Solar Records Steepest Price Drop Among Renewables
ASM InsightsBiodiversity & NatureCarbon MarketsCarbon offsetingClimate & EnvironmentClimate Action & AdaptationClimate FinanceClimate Science (Africa-focused)Data & BriefsDevelopment FinanceEconomic ResponsibilityEducationEnergy & TransitionEnergy Access & InnovationEnergy PolicyEnvironmental ResponsibilityFinance & EconomyGreen Investment & InfrastructureHealthIndustriesinnovationInsights & ReportsInternational NewsJust TransitionNews & AnalysisOil & GasOpinion & CommentaryPolicy & GovernancePollution & WasteRegionsRenewable energySocial ResponsibilitySociety & DevelopmentSustainable Finance & ESG by External Source 1.8K views 2 minutes readSolar energy costs have dropped by the steepest margin in the last 10 years among renewable sources, even as hydropower recorded an uptick. The price of electricity generated from utility-scale…
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South Africa’s renewable energy sector might just have the resilience to navigate the Covid-19 crisis, given that it was already on the rise and moving in the right direction prior…
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Zambia is already self-sufficient in electricity. The authorities estimate that the country’s electricity production will increase tenfold by 2022 with the commissioning of developing renewable energy projects. Zambia has made…
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The world has shelled out $3 trillion towards developing renewable energy projects over the past 10 years. In return, the green energy sector has spun 11 million jobs across the…
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Africa accounts for a paltry 1.9 percent of the global share of developed renewable energy capacity, casting a light on the continent’s vastly untapped market. Data compiled by the International…
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Kenya is constructing solar-powered minigrids in off-grid regions as it races to beat its target of achieving universal access in the next two years. Energy Cabinet Secretary Charles Keter said…